Nevada Corporation Requirements

Each state has different requirements for forming a corporation. Whether you are starting a business or incorporating a business already in existence, you’ll want to understand state requirements for Nevada incorporation.

Cost to incorporate in Nevada

At BizFilings, we clearly outline our fees and the state fees to form a Nevada corporation. View our pricing to incorporate as a C corporation or S corporation to plainly see:

• BizFilings’ package prices. BizFilings offers three incorporation service packages from which you can choose.
• State fee for standard turn-around. Our pricing clearly shows the state fee to incorporate in Nevada with standard turn-around.
• Expedited turn-around. You will see the BizFilings and state fee, if any, for expedited turn-around.
• Certified copy. Our pricing also clearly displays the BizFilings and state fee, if any, for issuing a Certified Copy of the Articles of Incorporation.

Nevada Corporate Name

Nevada corporations are not required to use name endings such as "Incorporated" or "Inc." A name appearing to be that of a natural person and containing a given name or initials must not be used as a corporate name, except with an additional word such as "Incorporated," "Limited," "Inc.," "Ltd.," "Company," "Co.," "Corporation," "Corp." or other word identifying it as not being the name of a natural person. If the name implies banking, trust or insurance powers, prior approval of the banking superintendent or insurance commissioner is needed. The name must not be the same as or deceptively similar to the name of any corporation, limited partnership, limited liability company, foreign corporation, foreign limited partnership or foreign limited liability company. It must also not be the same as or deceptively similar to a name reserved for use of any other proposed corporation unless written consent of the person or other entity the name is reserved for is filed with the Articles of Incorporation. There are a number of words for which usage requires approval by the applicable state department or agency, such as (but not limited to) "Accountant," "Bank," "Brokerage," 'Financial" and "Realtor."

Director information

The following are Nevada’s requirements for directors of corporations:

• Minimum number. Corporations must have one or more directors.
• Residence requirements. Nevada does not have a provision specifying where directors must reside.
• Age requirements. Directors must be at least 18 years old.
• Inclusion in the Articles of Incorporation. Director names and addresses are required to be listed in the Articles of Incorporation.

Requirements for the Articles of Incorporation

The document required to form a corporation in Nevada is called the Articles of Incorporation. The information required in the formation document varies by state. Nevada's requirements include:

• Officers. Officer names and addresses are not required to be listed in the Articles of Incorporation.
• Stock. Authorized shares and par value must be listed in the Articles of Incorporation. An increase in the number of shares or par value can affect initial filing fees.
• Registered agent. Corporations must list the name and address of a registered agent with a physical address (no post office boxes) in Nevada. The registered agent must be available during normal business hours to accept important legal and tax documents for the business.

Other filings required at time of incorporation

Some states require additional filings or steps at the time of incorporation, such as a county level filing, publishing notice of the incorporation in a local newspaper or an initial report filing. Nevada requires the following:

• Initial report and business license requirement. Nevada requires corporations to file an Initial List of Officers/Directors and Business License at the time of filing its Articles of Incorporation. The filing fee is $150 for the Initial List and $500 for the business license registration.

Professional services businesses

Nevada allows professionals, such as accountants, attorneys and physicians, to form a professional corporation (PC).

After forming a corporation, you must undertake certain steps on an ongoing basis to keep your business in compliance. These steps are also important in preserving the limited liability a corporation provides its owners. This guide outlines the ongoing requirements for Nevada corporations.

Nevada corporate records

Nevada corporations must keep the following items with their corporate records at the registered agent’s office:

• The Articles of Incorporation and any amendments
• Bylaws
• A stock transfer ledger or a statement of where it is kept

Nevada corporate taxes and fees

The following are taxation requirements and ongoing fees for Nevada corporations:

• Annual report and business license requirement. Nevada requires corporations to file an Annual List of Officers/Directors and Business License. It is due by the last day of corporation’s anniversary month. The filing fee is $150 for the Annual List and $500 for the business license registration.
• Taxes. For complete details on state taxes for Nevada corporations, visit Business Owner's Toolkit or the State of Nevada .
• Federal tax identification number (EIN). An EIN is required for corporations that will have employees. Additionally, most banks require an EIN in order to open a business bank account.
• State tax identification number. Nevada requires a state tax identification number.

Nevada business licenses

In addition to the business license registration required as part of the Initial List and Annual List filings, other business licenses and/or permits may be required. The BizFilings Business License Application Package can help you stay on top of these requirements.

S corporation election

Nevada does not recognize the federal S corporation election because there is no state income tax. For this same reason, Nevada does not require a state-level S corporation election.

Additional Nevada information

View the following additional resources BizFilings has for forming and maintaining companies in Nevada:

• Nevada LLC Formation